700 W State Highway 55EstanciaNM87016
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Ziffy AI Summary
A quick, investor-focused snapshot highlighting income strength, yield potential.
| Key metrics | Value |
|---|---|
| Price | $399,900 |
| Est. Rent | $3,200/mo |
| ROI | 18% |
- Attractive rent-to-price ratio for income stability
- Good fit for DSCR financing with healthy coverage
Investment Highlights
Investment property for sale in Estancia at 700 W State Highway 55, Estancia, NM, 87016 uses $66,267 cash to close to unlock $1,765/yr annual cash flow and $147/mo monthly cash flow. Total monthly income runs $1,320/mo, and a $978/mo payment keeps the spread at $147/mo. Purchase price stands at $199,900, and rental yield measures 7.92% with $1,320/mo rent. Return on cash invested shows 22.57% in year one, and 5% annual appreciation builds toward $55,229 over five years. Five-year ROI reaches 116.78% and total cumulative return in cash records $77,389. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,320/mo property income covering a $978/mo payment rather than investor’s personal income.
Manufactured
Built in 1975
1,742 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 87016, Estancia, NM area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,637 (100%) |
| Owner Occupied HU | 1,082 (66.1%) |
| Renter Occupied HU | 261 (15.9%) |
| Vacant Housing Units | 294 (18.0%) |
| Median Home Value | $245,604 |
| Average Home Value | $372,733 |
Housing Distribution
Address Breakdown
Residential
462
Single Family
462
Multi-Family
0
Businesses
71
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Listed by: Michael L Gustin • United Country Farm & Home
Mls Name: SWMLS
Mls ID: #1071657